The Structured Cabling Market is being driven by Increasing investments in data centers
The Structured Cabling Market is expected to grow at a CAGR of 8.09% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 6948.8 million. In today's business landscape, many organizations have come to recognize that maintaining on-premises data center infrastructure offers limited strategic value. Instead, the shift towards cloud computing technology empowers firms with the flexibility, computational resources, and agility necessary for sustainable growth. The maintenance and investment required for on-premises data centers can be costly and complex, making it increasingly attractive for companies to allocate their resources towards more strategic opportunities. Cloud computing enables businesses to hire talent globally and pursue new ventures regardless of geographic location, providing a significant competitive advantage.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
181 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.09% |
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Market growth 2024-2028 |
USD 6948.8 million |
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Market structure |
fragmentation |
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YoY growth 2023-2024(%) |
7.32 |
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Key countries |
US, China, Germany, Japan, UK, Australia, India, France, Brazil, UAE, Rest of World (ROW), Saudi Arabia, France, South Korea, Mexico, Italy, Spain, US, China, UK, Germany, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Structured Cabling Market encompasses communication infrastructure solutions, including IoT technologies, for transporting data signals between network infrastructures in the telecommunications sector. The software segment of this market focuses on managing and optimizing these systems. Structured cabling systems utilize both copper and fiber optic cables for connecting devices, ensuring predictable performance, system availability, and redundancy. In the context of data centers, IT and telecommunications convergence is a key trend, with 5G technology set to revolutionize the industry by increasing the number of Internet users and digital services. This electric wiring infrastructure forms the backbone of information transport systems in various industries, contributing to data center growth and the expansion of digital services.
The structured cabling market encompasses fiber optic and copper cabling solutions, commercial cabling systems, network infrastructure, data center cabling, building cabling infrastructure, smart building cabling, Ethernet cabling solutions, and high-speed data transmission. This market falls under the broader parent industry, the global electrical components and equipment market, which includes manufacturers of electric cables and wires, electrical components, and electrical equipment. Technavio's market analysis covers revenue from sectors such as water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components, as well as rental and leasing services to industrial, commercial, and residential clients.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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